Ivanka Trump could be next head of World Bank: US president’s daughter is among nominees for top role including former UN Ambassador Nikki Haley
- Donald Trump’s daughter Ivanka is a possible candidate for the World Bank
- Trump’s former US Ambassador Nikki Haley is also being considered for the job
- Ivanka helped secure Saudi backing for recent $1bn World Bank deal
- Outgoing President Jim Yong Kim announced on Monday he was stepping down
Ivanka Trump could be the next head of the World Bank along with other nominees including Former UN Ambassador Nikki Haley.
Ivanka is thought to be a possibility after she was the driving force behind a $1 billion, Saudi-supported World Bank fund to promote entrepreneurship by women.
The outgoing President Jim Yong Kim abruptly announced Monday he was cutting short his tenure as the bank’s president more than three years before his second term was due to end.
This has opened the field to Ivanka, as well as Haley who stepped down as Ambassador last month, the Financial Times reported Friday.
Ivanka Trump (pictured at the White House’s Thanksgiving festivities in the Rose Garden) was the driving force behind a recent Saudi-backed $1bn deal made by the World Bank to support women entrepreneurs
Former United States Ambassador to the United Nations Nikki Haley listens to a speaker during a U.N. Security Council last month
Before becoming an adviser to her father in the White House, Ivanka was an executive vice president at the Trump Organization.
She began her career as a model before moving into business and accompanying her father at the boardroom table on the hit TV show ‘The Apprentice.’
Other names being floated include Treasury Undersecretary for International Affairs David Malpass and Mark Green, head of the US Agency for International Development, the newspaper reported.
The Treasury Department declined to comment on potential candidates.
The department has received a ‘significant number of recommendations,’ a spokesperson said.
‘We are beginning the internal review process for a US nominee. We look forward to working with the governors to select a new leader.’
Under an unwritten agreement, the United States, which is the bank’s largest shareholder, has always chosen its leader since the institution was founded following World War II.
But the success of a US candidate no longer appears completely assured.
Since World Bank President Jim Yong Kim announced he was cutting short his tenure, Ivanka Trump (pictured January 2, 2019) has been suggested as a possible replacement
Nikki Haley, another candidate being flooated, beams as she supports her favored Clemson Tigers in their NCAA college playoff championship game in which they battered Alabama
Kim was the first American nominee to face a contested election for the World Bank presidency in 2012 and the bank’s board has said its selection process will be ‘open, merit-based and transparent,’ implying non-US candidates would not be ruled out.
Trump’s Administration has been opposed to globalist institutions such as the World Bank, but will now been tasked with suggesting someone for the role.
The World Bank Board said Thursday it would start accepting nominations for a new leader early next month and name a replacement for Kim by mid-April.